video on demand. money. dot com. it's all down here most cadences are seen supporters and opponents of the winning united russia policy make their voices heard in rallies in the sixty's three days after russia's parliamentary election position has claimed there were irregularities in those first says leading to classes with police on the ruling politics a good nearly fifty percent of the ballots. meanwhile moscow has responded to washington is the big criticism of the paul foreign minister sergei lavrov i think

you've just come to bottom in the clinton musing how powerful enemies in your view is sees a school principal points of the plane instead of taking washington's grievances straight to the ground. and a last ditch attempt to save the euro is germany and faults which changed between seems its banking state is the process could strip away the sovereignty of member states. i was europe's leaders rolled up their sleeves it provides a slug it out for the year is very survival hears from a lawmaker in the blogs chief paymaster german parliamentarian frank schaefer now explains why plenty of old. skies over the european economy continuing to darken how real is the threat of the collapse of the euro zone to try to find an answer to this and some other questions

now joined by and then we're off the german parliament from the free democratic party frank schaeffer of myself and thank you very much for joining me and first of all how would you agree that the efforts by merkel and sarkozy to save the eurozone and are heading in the right direction now i know it's a project that's been designed by those at the top of the european union needs the steps that would bolster the market economy and that would be adjusted so that it could fit into the market economy according to the rules of the market economy if you decide to take on the risks you have to bear the responsibility for these risks the projects that are enforced from the top will not be able to operate under such conditions such projects should work from the bottom up. bureaucrats and their allies in national governments want to see more fiscal control over national governments more control over their budgets also how much central there's

asian and the european union meeting european the european union does not need more centralization excessive centralization has actually been the key problem and the reason that we are facing the current crisis the euro has been a project of the planning economy developed and inforced from the top the members that have become part of the eurozone project are very much different from one another and cannot provide a common homogenous currency space that's what has become so obvious under the present situation now they want to resolve the problem by introducing more centralization centralization is the root cause of the problem the economy speaks for itself the capital flight is enormous and some analysts say that the situation resembles that in the us before. the crash of brothers how real is the threat of a collapse of the euro zone. the threat of a complete collapse of the eurozone is a means that is used by the european states and the banks to blackmail european taxpayers if this pressure is not resisted then the so-called rescue umbrella will

have to be extended over and over but every umbrella has its limits of course if greece had announced a default on its debts it would have also had negative consequences for the other european states but no country in the european union will be able to go on without tough reforms there must be pressure on the states to conduct these reforms but it can only be possible when risks and responsibility come together so that the countries living beyond their means realize it and do something about it. ensuring . that those countries in a stronger economic position have to pay for the trouble was is this the correct price to solve the problem. you know i don't consider this to be a reasonable way to solve the problem i'd like to emphasize once again risks and responsibilities should be indivisible and no additional loans or additional investments can solve the problem it's not possible to repay old debts while making

more new debts the crucial moment here is for every country to do their own homework in other words for every country to take full responsibility for its own economy it was captured in the agreement framework of both the european union and the eurozone but the currently perceived policy is such that it is at all with these agreements it destroys the european union it erodes its common values as well as destroying the common monetary and economic space this leads to the domino effect as we see more and more countries trying to hide from solving their own problems under the umbrella of bailout measures. why do you think it's fair to say that this euro bonds mechanism can actually create more financial problems for the healthiest european economies. yes these are dangerous measures and they're quite dangerous for stable economies as well and it's especially clear today if we consider the example of france which is paying off dangerously high interest on its

national debt and runs the risk of losing its aaa status. is also facing the same prospect and if france were to lose its aaa status the entire bailout package for the euro zone will be placed at risk as it could become untenable it's a well known fact that the euro zone's bailout package or umbrella relies on the economies of six states finland the netherlands luxembourg austria germany and france and says austria and france's economies are now at risk we can say that the currently implemented measures really are not working ones are based on the principle of mutual guarantees which can actually create a system similar to the one. when the global economic crisis actually started in two thousand and eight i think it's fair to say that putting off the crash of the system through euro bonds and other financial stabilization mechanism can actually

make the situation even worse in the end yeah yes that's exactly what i think all these bailout measures only add fuel to the flames and only make the situation in europe worse such countries as greece portugal and possibly even ireland will not be able to emerge victorious from the current crisis they won't be able to recover the only measure that can you help is cutting heavily on state expenditure and other measures are only an attempt to delay the disaster with time whereas time is a luxury we don't. have a proportion of that feeling banks should not receive go out at all what what could be the consequences of. we collapse of the euro zone at the carling incredible i think. it has its repercussions no doubt but let me say again that piling new debts on top of old ones will only make matters worse and ultimately

lead to the euro zone's collapse i don't think that the eurozone is going to survive in its current form it will very likely have to change somehow if we look at the way the commies are currently developing we can see that they're going in a very different ways greece's economy is shrinking it has shrunk by five percent on the other hand germany and a number of the other countries are growing albeit at a slow rate this gap is only going to grow what we need a mechanism for quick and organized secession from the euro zone to enable countries like greece to pull out of the union sort out their economy and then your worst debts to cut government spending and improve their economic standing it's very hard for me to predict how the situation might develop even more so the consequences of those developments as i said i don't think the eurozone will collapse completely it's much more likely that we will see some of its members perhaps a large number of its members secede from the e.u. i cannot see you know secession is causing any repercussions on a global scale perhaps they'll put pressure on other countries with bad economies

and force their governments to start reforms i think they're the problem we see in the euro zone one of excessive government debt has affected all of the world's economies today look at russia the u.s. japan and they're all worried about their colossal debt. what is your forecast for the italian crisis do you think that you know we should also consider moving back to national currency. i do not think italy would pull out of the euro zone italy needs a fish and reforms to revitalize its economy and allow us to maintain a strong italian economy in the euro zone what the country needs most now is the trust of its own people over fifty percent of the bonds issued by. the italian government are in the hands of the people the government will have to prove to its people that its capable of paying its debts. and finally help saving the european union has become some sort of. european elite. like i've

already said saving the euro as a project imposed from the top down based on overrating the notion of european unity after all europe is not merely the seventeen states that formed the euro zone it's not even the twenty seven member states of the european union in fact europe comprises some fifteen nations and by the way that includes russia which is also part of europe with that in mind i believe it was the elites headquartered in brussels that promoted this project from the top aiming to drive europe into a new form of centralism and i think it's wrong in my mind europe's advantage is exactly it's inclusiveness and its diversity in forms of different cultures languages mentalities and people it comprises and imposing uniformity and looks like a mistake to me this notion probably stems from the so-called brussels centralism mindset which has been put in practice by the french it's very dangerous and completely unnecessary. thank you very much for your time thank you.

oh i see. it's all designed to keep you close in your own small world as a prison. you know you leave somebody in there for a couple hours like that in a stress positions. you have this fear of the unknown in this stress sort of building and. i've seen interrogations go on ten twelve hours they chose songs i remember from marilyn manson the current slayer the two songs would be angel of death and raining blood to kill the enemy going to war coming up here into

iraq coming the baghdad. johnny pool the bodies to the floor just a rock n roll band it was fitting for the job we were doing.

i. think people who believed in trade for many years in a soviet system has faded away in less than twenty four hours as bella pushup. we acted in a true russian style but didn't know exactly what the future would bring that to think about later three leaders come together and sign an agreement dissolving the u.s.s.r. for good or to get rid of the so called big brother that was always controlling them was the dream of many republics work. but in the eyes of the people they put it like this i will liberate you from the kremlin oppression no one wants to take the blame but we would not be able to persuade gorbachev and besides she's word could not be relied upon i mean he could tell you anything and do something

completely different i can for you myself for being too liberal and in the sand boris yeltsin or i should have that was my mistake. this is the decisive in strict boris yeltsin that sets in the kremlin instead of good self at that time. then i don't think we have left elevator forest soaries. to decades have passed but the discussion still rages was this applause or a fait accompli. it's .

the forces on the opponents of the winning united russia policy make their voices heard in rallies in two hundred sixty three days of the russians parliamentary election the opposition has claimed that there were irregularities in the voting process leading to conscience with telling you solve the moving paulson secured nearly fifty percent of the ballots. meanwhile moscow has responded to washington civic criticism of the poll the foreign minister sergey lavrov to accuse his counterpart hillary clinton of losing have popcorn at a meeting of the air it seem is a score political points at home instead of taking washington's grievances straight to the kremlin. and

a loss of did attempt to save the euro and germany and france push for a change to e.u. treaty it's sparking fears that brussels been stripped away further the sovereignty of lebanon states. like a headlines shortly before that that's got a sports round up with a. well welcome to the latest falls on a second big night of european football with the headlines san siro extends down moscow look to pull off an upset it into my lungs wednesday night to keep alive their slim hopes of qualifying for the knockout stage of the champions league. while making history easy to do reach the last sixteen for the first time after holding court will go to school in portugal. while hitting back manager and i guess what it says chelsea defied the odds by beating balladeer three no reached in the

past stages group b. winners. double trouble boxing brothers vitale and a lot easier to put fight on the same night tony targeting. the david kay. the first has gone moscow are aiming to pull off a key victory over into milan at the san siro this wednesday night to keep alive their slim hopes of qualifying for the knockout stage of the champions league well then his lips beside will be out for a bit of revenge after losing drew then sure champions into the quarter final stage two seasons ago the moscow side who are currently bottom of group b. need a victory to go through as well as hype and tribes on sport draw in the other game o'neill win by a favorable margin well if results do go their way tesco would finish second behind into you've already qualified let's let's you know is it would be easy. if you do it to fox fortune for the promotion we don't know the lineup of winter they have a large number of great players it's difficult for us to plan for a match like the film but we have prepare something and he'll try to do our best.

sire this is how great he looks in so unassailable at the top but with just one point separating the following three teams either have some score reel or taste i could go through and could do it and stay on strike of it for the time out of the serbian midfielder picked up by mine a fall injury during training into domestic form could also favor the muscovite side italian johnson carney sixteenth in syria and have lost three of the last four home games in the champions league and manchester city is champions league aspects also hung by a thread the third place side must win at home to group a win is by in munich also hoping rock bottom here they are at least hold second place not only to draw the city coach for about a month cheney says he's prepared whatever the outcome. we should do the thing called it about i would assume. we need to be. great don't feel that would be easy

. but we are our job after him for a. good reason for isaac ok if not we're going to rob a league and we thank you nobody that we can do nothing is more. lobbying groups a second place manchester united must get at least a point of ball to qualify while the swiss side themselves would go through with a victory the last time united failed to make the knockout stages back in two thousand and six but to manager sir alex ferguson do now it's been a campaign so far and says a three three draw with ball at old trafford in september was united's only slip up . always wary. of suffering from the casualness in the game against basel really so when that. if you really criticizes the we win because we're done a job against god by a point where our own benfica. were very unlucky in the home game. and elsewhere

around the drip coach jersey a marine here will be fielding my new reserves for their final group game as i x. with one eye on saturday's l.-a classic go at the bird about and having one group d. by a landslide the spanish league leaders go to the dutch giants who themselves can afford to lose and still advance into the knockout stage third place new york would need an enormous victory over zagreb to snatch the second qualifying place. well and she is the russian champions and it's a bit as big reach the knockout stage for the first time goal a story of porter was enough to send them through water themselves needed to progress past the st petersburg side defended solidly for a vital point in the second behind with well spike there to know to shut down the nets or so we're now into the europa league which they won last year and they came for china's plenty said his side deserved to reach the last sixteen. you know personally. i think we could have done better but i also think that what happened

was the outcome of the whole part of the way we've played in the group stage and for all but it's fair that we've managed to go through. because we wanted to go through in the champions league it was not possible now we have to look at your own police because it according to objectives therefore we're going to keep on working and try to do our best to be right but we were champions of the current holders of the title and we want to defend the title which we conquered last season broke with the world under pressure chelsea manager that idea for us says the things gave their critics a star in the face of this side went from the brink of elimination before kick off to winning strained their lead time to benefit to the extent knockout stage as group being winners at it is a drug that brace the nearest strike in short the things which develop while a because no one wants a gang exit as the group stage what is being chelsea's first under a month from overage says his side triumph against the odds. is

reduced rules. you. know you're only going to be really good for me if you go with me they're going to be there. for you would be very pretty much a good. thing to do. you know if you don't go you. sort of energy is going to be your strength to go into. this is. just a great wall there was plenty of drama in group f. most a crap day last may when i come from two goals down with three to change the last sixteen along with already qualified also in the last three one and then pee on course that's the great champions now have to settle for the us right in the quality bending champions in group h. when a sponsor lone nuts trash bought a body sell for four mil at the newtown spike resting players ahead of saturday's

out possible with ryan madrid and i see milan already threw in second place let a two goal lead slip in the final minutes to two objects i thought it was genuine to go into the brokenly. boxing now and world heavyweight champion of the native go will we shed your his counsel fight against more mexican x. much and you can also see his brother vitali fight david haye on the same card the moment fight was due to take place this weekend was called off after vladimir had a kidney stone removed however his brother the thirty and that's the bout that takes place on march third and also claims he could fight british and the same evening earlier this year he lost his w.b. able to lead the mayor who also holds the w b o and i v f titles and vitale who's the w.b.c. champion says he'd love to have the chance to knock out the london. after his fight against fly them or i would have been disappointed as well i was glad that my

brother won the fight against david haye into their last remaining quarreled heavyweight championship belt that was not included cause brother school action i was disappointed just because some of the little nuance that allowed him or couldn't buy it should be struck or i mean to win by knockout it's only aim i have to fight with david haye. and finally a forum has been held in moscow to increase cooperation between the olympic cities of london and sorcery their respective hosts of the next summer and winter games and is richer than corporate reports by spot is a looking to learn from each other. the limbic system most watched sporting events in the world billions worldwide are expected to watch the london games which got underway in this for nine months time. however getting ready to host the globe's biggest sporting it struck a ganza is understandably no easy task and that's why london sought she looking to

learn from each of its successes and mistakes in london. preparation for the games have been exemplary the way they set out their blueprint in their bid and then carried out that blueprint sochi have already been following that and have learnt a lot from how london have been preparing i think the way london has tried to be a sustainable green games has been very successful and sochi again have tried to not only follow but even exceed those standards the meeting was held at the british embassy in moscow where members of the organizational committees and business communities from both cities got together to exchange ideas however for john tips who's helped to organize almost a dozen lympics the key is finding a good leader so one of the great things about sochi twenty fourteen that they've learnt from london is the importance of having very strong leadership a good visionary leader and in dmitri chernyshenko that's exactly what they've got he's leading an incredibly strong and passionate team who work incredibly long

hours and it's the same as london with lord coe and i think this this is this very important for the world and even pick movement to see the whole progress being driven by an inspirational leader and i think they have that in dmitri chernyshenko cities had to build a number of new venues for the games in london have the advantage of having a world class transport system ready in place the same could be said of cinci where everything is having to be built from scratch i think the games are a catalyst for incredible change both infrastructure and social change and economic change in the region i think the russian government were keen to develop the region anyway but even pick games provide that impetus they provide that catalyst for change which enables everyone to focus both in russia and outside russia focus on the region and now today sochi is truly on. i'm out because of the them for games all sorts she has just over two years to prepare for the two thousand and fourteen winter games in london's time the sport line is just nine months away. c.t.'s of

already learned heavily from past lympics of the next two games hosts are continuing to compare notes to ensure they can produce two memorable sporting festivals but you don't see moscow. i think. culture is the same as you i can get to the other in most of us were ten to thirteen year old today germany and france agree in principle at least that fiscal union in the euro zone is the only way to.

what. are.